New Year Resolution # 2: Have a mind of your own, no more following the herd

It is always good to think independently and not to count on others. In addition to investing it is better to do some own research. We should learn how to Invest Money and to yield great returns, not to mention it helps to build one’s confidence, and there are many different ways to make an investment, such as stocks, bonds, mutual funds or real estate, and they don't always require a large sum of money to start. Many first-time investors will find that their goals and risk tolerance will often not match up. It is equally important to learn the costs of investing, as certain costs can cut into your investment returns. The fastest and cheapest way to invest in the stock market can be done using some free financial tools.

New Year Resolution # 3: Invest in value

Once you think from beginning to end about your goals and decide how much you can comfortably afford to pay each month and accordingly investing in value is a wise decision. It is important to understand what your options are in the event of an emergency. Unexpected situations like disability, property tax reassessment, and major home repairs can all crawl on to you and make it a burden. Investing in a value like property, jewelry, and cars is likely to increase in value over time. They can provide both cash flow and long-term growth.

READ MORE:  Sensex Recovers Over 336 Points In Early Trade On Global Cues

No Respite For Markets As Sensex Drops 79 Points To Three-Week Low